Similar companies
Income Statement (USD)
Q1 '25 | QoQ | |
---|---|---|
Revenue | 33M | 152.1% |
Operating expense | 70M | 0.7% |
Net Income | -31M | 38% |
EBITDA | -37M | 32.6% |
Balance Sheet (USD)
Q1 '25 | QoQ | |
---|---|---|
Total Assets | 614M | 5.1% |
Total Liabilities | 141M | 8.7% |
Total Equity | 474M | 4% |
Shares Outstanding | 87M | 0% |
Cash Flow (USD)
Q1 '25 | QoQ | |
---|---|---|
Cash from operations | -28M | 31.8% |
Cash from financing | 7,000 | 100% |
EPS
Financial Highlights for Verve Therapeutics in Q1 '25
Verve Therapeutics reported a revenue of 33M, which is a 152.1% change from the previous quarter. An increase in revenue typically indicates growing demand for the company's products or services. This positive change in revenue is a good sign, suggesting that the company's sales are moving in the right direction.
Operating Expenses for this period were 70M, showing a 0.7% change from the last quarter. Operating expenses cover the costs of running daily business operations. A significant increase might indicate inefficiencies or investments in growth, while a decrease could suggest cost-saving measures or potential underinvestment in key areas.
Net Income for the quarter was -31M, showing a 38% change from the prior quarter. Net income provides a clear picture of the company's profitability after all expenses. An increase suggests the company is becoming more profitable, while a decrease may raise concerns about the company's financial health, unless there are specific one-time costs or investments.
The company's EBITDA for the quarter was -37M, showing a 32.6% change from the previous period. EBITDA gives insight into the company's operational profitability, excluding non-operating expenses like interest and taxes. A rising EBITDA indicates strong operational performance, while a declining EBITDA may signal operational challenges or increased costs.
Verve Therapeutics faced some challenges this quarter with a decline in one or more of the key metrics: revenue, gross profit, or net income. Higher operating expenses might indicate increased investments or potential inefficiencies.